Doja Lipa issues a P1,000 corporate bond with an annual interest rate of P6%, quarterly interest payments for 3 years. The bond's yield to maturity is 12%.

a. What is the present value of the coupon payments?

b. What is the present value of the face value of the bond?

c. What is the price of the bond?

Answer rating: 100% (QA)

a Present Value of Coupon Payments The bond has a face value of P1000 an annual interest rate of 6 a... View the full answer